NOT LISTED FOR SALE

4865 Ferncroft Dr Excelsior, MN 55331

Estimated Value: $2,264,000 - $2,687,000

6 Beds
4.5 Baths
5,337 Sq Ft
$464/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $2,300,000 $431 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $14,683/month

9 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Family Room with Fireplace
  • Deephaven Elementary School Rated A
  • Deck
  • No HOA

About This Home

As of September 2023

This contemporary home exudes the best of lake living, situated on 100 ft of Lake William lakeshore. Hardwood floors on main & upper levels are complemented by large picture windows that showcase panoramic lake and woodland views. The 4-season den, study, and formal dining areas surround the light-filled great room. A Marvin scenic door provides seamless indoor/outdoor entertaining, while the 2-sided fireplace allows for extended use of the deck in the Spring & Fall. The gourmet kitchen is a chef’s dream with 4 ovens, Quartzite countertops, oversized island and stunning rangehood. The custom floor-to-ceiling cabinets, & upscale appliances are complemented by a separate prep kitchen. Enjoy a generous primary suite with 2 walk-in closets and luxurious ensuite as well as 4 additional upstairs bedrooms, each with shared bathroom access. Other features include an upper-level laundry, wet bar & wine closet, exercise room, sport court, fully fenced rear yard, & built-in dog water bowl/wash.

Last Agent to Sell the Property

Kristi Weinstock

Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 07/12/2023

Coldwell Banker Realty

Last Buyer's Agent

Regina Marinina

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,852

Year Built

  • Built in 2021

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 244 x 110 x 252 x 40 x 23 x 16
  • Lake Front
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape
  • Pitched Roof
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Dining Room
  • Home Office
  • Game Room with Fireplace
  • Utility Room Floor Drain
  • Home Gym

Kitchen

  • Built-In Double Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Beach Access
  • Sport Court
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • 200+ Amp Service
  • Iron Water Filter
  • Water Filtration System
  • Well

Community Details

  • No Home Owners Association
  • Minnetonka Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2611723140113

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,852

Year Built

Built in 2021

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Well
  • Year Built: 2021
  • Above Grade Finished Sq Ft: 3529
  • Water Body Name: William
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Satellite
  • Attribution Contact: 612-309-8332
  • Attribution Contact: 612-309-8332
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full, Concrete, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Water Osmosis System, Iron Filter, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Two Sided, Amusement Room, Circulating, Family Room, Gas, Other
  • Living Area: 5337
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1808
  • Basement YN: Yes
  • Dining Room Type: Great Room, Dining Room, Kitchen, Informal Dining Room, Four Season Porch, Office, Deck, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Amusement Room, Bar/Wet Bar Room, Exercise Room, Athletic Court, Bedroom 6, Patio
  • SqFtTotal: 5392.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Flat, Pitched, Rubber
  • PoolFeatures: None
  • Fencing: Chain Link, Partial, Wood
  • View: East, Lake, Panoramic
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Composite Decking,Covered,Deck,Front Porch,Patio,Rear Porch
  • Lake Acres: 15
  • Lake Bottom: Soft
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Storage
  • Garage Square Feet: 884

Utilities

  • Heating: Forced Air, Radiant Floor, Zoned
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Ethernet Wired,Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Porch,Panoramic View,Security System,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 244 x 110 x 252 x 40 x 23 x 16
  • Lot Size Sq Ft: 22651.2
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2611723140113
  • Tax Annual Amount: 17852
  • TaxWithAssessments: 17852.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Sep 1, 2023
Sold by
Gustafson Jacob Edward and Allison Jane
Bought by
Carambula Kelly and Carambula Aaron
Seller's Agent
Kristi Weinstock
Coldwell Banker Realty
Buyer's Agent
Regina Marinina
eXp Realty
List Price
$1,950,000
Sold Price
$2,300,000
Premium/Discount to List
$350,000
17.95%
Views
14
Current Estimated Value
$2,475,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,262
Avg. Annual Appreciation
-3.38%
Original Mortgage
$1,840,000
Outstanding Balance
$1,808,683
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$333,852

Purchase Details

Closed on
Dec 2, 2019
Sold by
Stephan Home Construction Incorporated
Bought by
Gustafson Jacob Edward and Spies Allison Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$988,875
Interest Rate
3.6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carambula Kelly $2,300,000 Watermark Title
Gustafson Jacob Edward $325,000 Custom Home Builders Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carambula Kelly $300,000
Open Carambula Kelly $1,840,000
Previous Owner Gustafson Jacob Edward $143,000
Previous Owner Gustafson Jacob Edward $1,064,800
Previous Owner Gustafson Jacob Edward $988,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $2,300,000 +17.9% $431 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $1,950,000 -- $365 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $19,340 $1,536,600 $340,000 $1,196,600
2022 $5,500 $1,407,000 $373,000 $1,034,000
2021 $2,121 $432,000 $145,000 $287,000
2020 $2,034 $139,000 $139,000 $0
2019 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristi Weinstock

    Seller's Agent in 2023

    Kristi Weinstock

    Coldwell Banker Burnet

    (612) 309-8332

    26 in this area

    272 Total Sales

    Kristi Weinstock
    Section Image
  • Regina Marinina

    Buyer's Agent in 2023

    Regina Marinina

    eXp Realty

    (507) 267-3008

    1 in this area

    39 Total Sales

    Regina Marinina
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6389515

NorthstarMLS

APN: 26-117-23-14-0113

Minnesota Hennepin County Excelsior 55331

4865 Ferncroft Dr, Excelsior, MN

This home is located at 4865 Ferncroft Dr, Excelsior, MN 55331 since 12 July 2023 and is currently estimated at $2,475,262, approximately $463 per square foot. This property was built in 2021. 4865 Ferncroft Dr is a home located in Hennepin County with nearby schools including Deephaven Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

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